Penalties: N/A
Respondent: Alcazar Networks Inc. and Gavin Grabias
Violation: Defendants Alcazar Networks Inc. and Gavin Grabias assisted and facilitated violations of the TSR by continuing to provide services to their customers even after knowing or consciously avoiding knowing their customers were using Alcazar’s services to initiate calls that: (a) were placed to numbers on the National Do Not Call Registry; (b) delivered prerecorded messages; and (c) displayed spoofed caller ID numbers, including displaying “911” as a caller ID number… Read More

Penalties: N/A
Respondent: Hackensack Meridian Health Inc. and Englewood Healthcare Foundation
Violation: Pursuant to the provisions of the Federal Trade Commission Act (“FTC Act”), and by the virtue of the authority vested in it by the FTC Act, the Federal Trade Commission (“Commission”), having reason to believe that Respondents Hackensack Meridian Health, Inc. (“HMH”) and Englewood Healthcare Foundation, d/b/a Englewood Health (“Englewood”) have executed an affiliation agreement in violation of Section 5 of the FTC Act, 15 U.S.C. § 45, which if consummated would violate Section 7 of the Clayton Act, as amended, 15 U.S.C. § 18, and Section 5 of the FTC Act, and it appearing to the Commission that a proceeding by it in respect thereof would be in the public interest, hereby issues its complaint pursuant to Section 5(b) of the FTC Act, 15 U.S.C. § 45(b), and Section 11(b) of the Clayton Act, 15 U.S.C. § 21(b)… Read More

Penalties: N/A
Respondent: Midwest Recovery Systems, Brandon M. Tumber, Kenny W. Conway, and Joseph H. Smith
Violation: In numerous instances, in connection with the collection of debts, Defendants have represented, directly or indirectly, expressly or by implication, that: a. The consumer is delinquent on a medical, payday loan, or other debt that Defendants have the authority to collect; or b… Read More

Penalties: N/A
Respondent: CoStar Group/RentPath Holdings
Violation: Pursuant to 16 C.F.R. § 4.1(d), I state that I am eligible to practice before the Commission as a member of the Bar of the District of Columbia (Bar No. 974784)… Read More

Penalties: N/A
Respondent: DMB Financial, LLC.
Violation: DMB’s requesting or receiving payment of fees from consumers under the circumstances is an abusive act or practice in telemarketing that violates the TSR. 16 C.F.R. § 310.4(a)(5)(i)(B); In addition, DMB’s violation of the TSR is treated as a violation of a rule under § 1031 of the CFPA. 15 U.S.C. § 6102(c). DMB therefore has also violated § 1036(a)(1)(A) of the CFPA… Read More

Penalties: N/A
Respondent: LendUp Loans, LLC
Violation: Since October 3, 2016, LendUp has made over 4,000 single-payment or installment loans to over 1,200 covered borrowers, which loans imposed an MAPR greater than 36%., by way of loan agreements requiring the borrowers to submit to arbitration in the case of a dispute, and without making all loan disclosures required by the MLA. LendUp violated the MLA each time it extended such a loan… Read More

Penalties: N/A
Respondent: Charles Thomas Stevens
Violation: From February 2006 through February 2020, while associated with two FINRA member firms, Respondent Charles Thomas Stevens willfully failed to amend his Uniform Application for Securities Industry Registration or Transfer (Form U4) to disclose, or to timely amend his Form U4 to disclose, 19 unsatisfied federal tax liens… Read More

Penalties: $40,000.00
Respondent: Wilfredo Felix
Violation: FINRA staff sent Felix the Second 8210 Request via certified mail, return receipt requested, to his CRD address of record and via email to his business email address; The Second 8210 Request advised Felix that as a result of his failure to respond to the Initial 8210 Request, “you may be in violation of FINRA Rule 8210… Read More

Penalties: N/A
Respondent: Gregory Walter McCloskey
Violation: McCloskey falsely responded to four questions on a PAQ that his employing firm submitted to FINRA. McCloskey misled FINRA on the PAQ by falsely attesting that while associated with a member firm he had not: (i) received any complaints against him from a customer during the past 12 months; (ii) utilized a third-party communication system, such as a third-party email address to communicate with customers; (iii) engaged in any PSTs; and (iv) prepared and distributed personalized account statements, consolidated statements or performance reports separate and apart from the account statements prepared and distributed by his member firm… Read More

Penalties: $10,000.00
Respondent: Kim Millman
Violation: Between September 2014 and December 2019, Millman willfully failed to timely amend her Uniform Application for Securities Industry Registration or Transfer (Form U4) to disclose six tax liens and two civil judgments. As a result, Millman violated Article V, Section 2(c) of FINRA’s By-Laws and FINRA Rules 1122 and 2010… Read More

Penalties: N/A
Respondent: Robert Halldin
Violation: After receiving a request for on-the-record testimony issued by FINRA staff under FINRA Rule 8210, Halldin refused to appear for testimony… Read More

Penalties: $5,000.00
Respondent: Stephen Anthony Nappo
Violation: In July 2017, Nappo participated in a private securities transaction without providing prior written notice to his firm, in violation of FINRA Rules 3280 and 2010… Read More

Penalties: $650,000.00
Respondent: Barclays Capital Inc.
Violation: From January 2017 through April 2019, Barclays had systemic TRACE reporting issues that caused numerous violations of FINRA Rules 6730 and 2010. Barclays: (i) failed to timely report transactions in TRACE-eligible corporate Bonds and TRACE-eligible Agency Debt Securities, (ii) over-reported treasury transactions to TRACE, and (iii) reported the incorrect time of execution for corporate transactions to TRACE. In addition, the firm violated Exchange Act Rule 2010 by failing to show the correct time of execution on the memoranda of hundreds of brokerage orders. The firm also failed to establish a supervisory system reasonably designed to achieve compliance with TRACE reporting rules in violation of FINRA Rules 3110 and 2010… Read More

Penalties: $55,000.00
Respondent: Joseph Gunnar & Co. LLC
Violation: From May 10, 2017 through June I, 2018, the firm failed to establish and implement an anti-money laundering (AML) program reasonably designed to detect and cause the reporting of potentially suspicious activity relating to transactions involving low-priced securities… Read More

Penalties: $5,000.00
Respondent: Great American Investors, Inc.
Violation: GAI failed to conduct annual (on a calendar-year basis) independent testing of the firm’s anti-money laundering (AML) compliance program three times over a five-year time period, in violation of FINRA Rules 3310(c) and 2010… Read More

Penalties: N/A
Respondent: Richard J. Rubin and Thomas J. Craft, Jr.
Violation: The SEC’s complaint alleges that from December 2015 to July 2018, Rubin, who was disbarred in 1995, continued to fraudulently practice securities law by submitting at least 128 attorney opinion letters that allowed microcap stock issuers’ securities to be purchased by and sold to the investing public… Read More

Penalties: $1,254,357.40
Respondent: Bajic et al.
Violation: As alleged in the SEC’s complaint, filed in January 2020, Taneja, a Canadian citizen, and Steve M. Bajic, a citizen of Canada and Croatia, helped shareholders secretly dump large quantities of microcap stock… Read More

Penalties: N/A
Respondent: Brothers Investment Group International, Inc. N/K/A Brothers International Group Inc., et al.
Violation: Securities and Exchange Commission charged Brothers Investment Group International, Inc. and its chief executive officer and president, Anson Jean-Pierre, for defrauding investors through an offering of securities targeting Haitian-American investors in the Miami, Florida area… Read More

Penalties: N/A
Respondent: Mark Alan Lisser a/k/a Mark Alan a/k/a Mark Allen
Violation: According to the SEC’s complaint, from approximately October 2018 to March 2019, Lisser, and salespeople that he directed in the boiler rooms, solicited investors for Knightsbridge Capital Partners, an unregistered fund manager he operated, by misrepresenting that the Knightsbridge managed funds had purchased “pre-IPO” shares in three well-known companies directly from employees of the companies… Read More

Penalties: $137,500,000.00
Respondent: SCANA Corporation, et al.
Violation: The SEC’s complaint, filed in February 2020, alleged that SCANA, SCE&G, and two former senior executives misled investors by claiming that a project to build two nuclear units would qualify the company for more than $1 billion in tax credits when they knew the project was far behind schedule and therefore unlikely to qualify for the tax credits… Read More

Penalties: N/A
Respondent: Rajesh Taneja
Violation: The Commission’s complaint, filed January 2, 2020, alleged that Taneja, while acting as an unregistered broker-dealer and working in coordination with others, used offshore nominee companies he controlled to provide a layer of disguise to public company insiders or control persons, who intended to defraud investors by secretly dumping large quantities of stock— including the securities of a New York-based public company, Blake Insomnia Therapeutics, Inc. (“Blake”)—in circumvention of registration and disclosure requirements imposed by the federal securities laws… Read More

Penalties: N/A
Respondent: BitClave PTE, Ltd.
Violation: IT IS ORDERED that Miller Kaplan, pursuant to and in accordance with the Omnibus Order, is appointed the Tax Administrator for the QSF in the above referenced proceeding… Read More

Penalties: $5,763,719.00
Respondent: Garrett M. O’Rourke and Michael J. Black
Violation: SEC obtained a final consent judgment against Florida resident Garrett M. O’Rourke, who was charged with running a pump and dump scheme targeting retail investors. According to the SEC’s complaint, filed on July 17, 2019, O’Rourke worked with Maryland resident Michael J. Black to fraudulently sell the stock of several microcap companies to investors, including elderly retail investors, using high-pressure stock promotional campaigns… Read More

Penalties: N/A
Respondent: Eugenio Garcia Jimenez, Jr.
Violation: According to the SEC’s complaint, in 2016, Eugenio Garcia Jimenez, Jr. told municipal officials that he could invest approximately $9 million of the municipality’s funds with no risk to principal and earn the city annual returns of approximately 10%… Read More

Penalties: $125,000.00
Respondent: The Cheesecake Factory Incorporated
Violation: Cheesecake Factory violated Section 13(a) of the Exchange Act and Rules 13a-11 and 12b-20 thereunder, which collectively require every issuer of a security registered pursuant to Section 12 of the Exchange Act to file with the Commission accurate current reports on Form 8-K that contain material information necessary to make the required statements made in the reports not misleading… Read More

Penalties: N/A
Respondent: Parfait Mutimura
Violation: The Securities and Exchange Commission (“Commission”) deems it appropriate and in the public interest that public administrative proceedings be, and hereby are, instituted pursuant to Section 15(b) of the Securities Exchange Act of 1934 (“Exchange Act”) and 203(f) of the Investment Advisers Act of 1940 (“Advisers Act”) against Parfait Mutimura (“Respondent”)… Read More

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